15.1 Issued and paid-up capital
15.2 Dividend
On February 16, 2025 (corresponding to Shaban 17, 1446H), the Board of Directors of the Company resolved to recommend the General Assembly for distribution of annual dividends for the year ended December 31, 2024 of Saudi Riyals 3.08 per share amounting to Saudi Riyals 518.23 million which were approved by the General Assembly on April 16, 2025 (corresponding to Shawwal 18, 1446H). The payments were made on April 30, 2025. Further, on July 31, 2025 (corresponding to Safar 6, 1447H), the Board of Directors of the Company approved an interim dividend for the six-month period ended June 30, 2025 of Saudi Riyals 1 per share amounting to Saudi Riyals 168.26 million. The payments were made on October 15, 2025.
15.3 Treasury shares
On December 28, 2022, the Company acquired 580,000 ordinary shares from Jadwa Industrial Investment Company for cash consideration of Saudi Riyals 57.42 million. In 2023 and 2025, certain treasury shares were awarded to employees as share-based compensation. As at December 31, 2025, the outstanding treasury shares with the Company is 489,335 ordinary shares (December 31, 2024: 494,950 ordinary shares) amounting to Saudi Riyals 48.68 million (December 31, 2024: Saudi Riyals 49.24 million).